Loan Census Banking News and Information
December 22, 2024  
 
 
  Business Loan Information  
 

Laurel, Montana Bank Loan

 

 
Loan Census SBA Loan Info

Getting an SBA Loan for Animal Slaughtering

Looking for business loans for animal slaughtering? Talk to a banker who works with the SBA. This $235,000 animal slaughtering loan was issued by a Montana bank.

This business knew how to go about getting a business bank loan. Based in Laurel, Montana, they applied for and were awarded an SBA-guaranteed loan in 2000. The lending bank was Yellowstone Bank, based in Billings, Montana.

SBA Loan Borrower

COMPANY TYPE: MEAT PACKING PLANTS
LAUREL, MT 59044

SBA Loan Lender

YELLOWSTONE BANK
3010 THIRD AVE NORTH
BILLINGS, MT 59101

SBA 7a lending is the most popular loan program offered by the Small Business Association (SBA), a federal lending guaranty program. This SBA loan was issued via the SBA 7a lending program.

SBA Loan Program Type

This loan was issued as a general business loan.

SIC Code

2011 - Meat Packing Plants

NAICS Code

311611 - Animal Slaughtering

Loan Approval Date

6/20/2000

Loan Approval Gross Amount

$235,000

Loan Approval from the SBA

Of the total $235,000 loan amount, the SBA guaranteed $176,250.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had 18 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the money to increase staffing levels or retain any existing employees.

Getting an SBA Loan For Your Business

If you are wondering how to find money to start a business or need money for an existing business, an SBA loan can be a great source of funding.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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